Deals
VSS Capital Partners (VSS), a private investment firm investing in the business services, healthcare, education and information industries has completed a significant growth investment in Centroid Systems Inc (Centroid), a provider of managed cloud-services and enterprise workload consulting services. Financial terms have not been disclosed.
Headquartered in Troy, Michigan, Centroid is one of the few certified Oracle Cloud Service Providers (CSPs) in all of North America, where it has won 14 North American Partner of the Year awards from Oracle. Centroid provides Oracle enterprise workload consulting and managed services across all major public cloud providers, including Azure, Amazon, Google, IBM,
Thoma Bravo, a private equity investment firm focused on the software and technology-enabled services sector, has reached an agreement to acquire Greenphire, the global leader in financial lifecycle management software for clinical trials, from The Riverside Company.
The deal, which is subject to customary regulatory approvals, is expected to close in the second quarter of this year. Jim Murphy, CEO of Greenphire, will continue to lead the company along with the existing management team in King of Prussia, PA. Financial details have not been disclosed.
Founded in 2008, Greenphire enables pharmaceutical industry leaders worldwide to run more efficient and successful
HIG Growth Partners (HIG), the growth capital investment affiliate of HIG Capital, has completed a strategic growth investment in Accounting Seed, Inc, a rapidly growing cloud-based accounting and financial management software platform.
Based in Columbia, MD, Accounting Seed is a mission critical SaaS accounting platform that is purpose built for small to medium enterprises. Built on Force.com, Accounting Seed offers a robust and scalable enterprise grade technology stack and enables its customers to fully pilot their organisations with one system of record and unified workflow – from sales lead through to the general ledger. The Company’s feature rich software platform
NextPhase Medical Devices LLC, a provider of electronic manufacturing services (EMS) and single-use disposable devices to leading medical device OEMs, has acquired Proven Process Medical Devices Inc.
Located in Mansfield, Massachusetts, Proven Process expands NextPhase’s expertise in R&D, engineering, design and manufacturing of FDA Class II and III therapeutic and diagnostic devices. Proven Process’ areas of expertise include implantables, hand-held devices, combination devices, wearable devices and electro-mechanical capital equipment. Proven Process also adds a New England EMS Center of Excellence to NextPhase’s manufacturing locations in New Jersey, New Hampshire and Mexico. NextPhase is a portfolio company of Kidd & Company,
Dubin Clark, a private equity firm focused on building niche market leaders in the lower middle market, has sold portfolio company Sila Heating & Air (Sila) to funds affiliated with Morgan Stanley Capital Partners. Financial terms of the transaction have not been disclosed.
Sila is a specialist provider of HVAC replacement, service, maintenance, plumbing solutions, and water treatment. The company is headquartered in King of Prussia, PA and services residential customers in the greater Philadelphia, Boston, DC, NY/NJ/CT tri-state area, and Hudson Valley regions.
Dubin Clark launched the Sila HVAC platform in July 2019 and subsequently led the acquisition of
Foresight Group (Foresight), a listed infrastructure and private equity investment manager, has made a further investment into Fresh Relevance, following on a record quarter of growth for the company, to accelerate product roadmap roll out and support scaling.
Some members of the management team have participated in the funding round, demonstrating strong support for the business and its growth.
Based in London, Fresh Relevance is a SaaS-based personalisation and decision engine for online businesses and was co-founded in 2013 by Mike Austin, Pete Austin and Eddy Swindell. Fresh Relevance’s versatile platform analyses transactional data in real-time and optimises the customer
Mobeus has agreed to sell Ludlow Wealth Management, a North West-based financial advice business, to Mattioli Woods plc, for an enterprise value of GBP36.1 million, subject to regulatory approval and completion of a share placing by Mattioli Woods.
Mattioli Woods is an AIM-listed provider of advice on wealth management and employee benefits that is acquiring Ludlow as part of its ambitious growth plans within the wealth management sector.
Mobeus backed CEO Ian Hemingway in a GBP12 million buyout from founder Sid Ludlow in June 2017, when the business had GBP865 million of Assets under Advice (AuA). Mobeus introduced chairman Phil
The London Technology Club (LTC), has invested in Sharebite, a mission-driven food ordering platform built exclusively for workplaces.
LTC has invested as part Sharebite’s USD15 million ‘Series A’ funding round to drive exponential growth and further strengthen its leadership in the corporate food ordering space.
LTC took part in the round alongside leading impact fund Lafayette Square, Essential Capital, the founders and former executives of Seamless (now part of GrubHub) and Delivery Hero and other prominent technology investors including Liberty City Ventures, Percy Capital, Reign Ventures, River Park Ventures.
Sharebite’s laser-focus on developing food ordering solutions for the workplace has
Based near Lugano in Switzerland, 1MED is a fast-growing clinical research organisation that helps MedTech companies secure regulatory approval for new medical devices and pharmaceuticals, providing specialist services including regulatory strategy, clinical trial management and quality assurance services.
FRP’s debt advisory team advised Apposite Capital on sourcing a stretched senior financing package to support the leveraged acquisition, and to provide further financial firepower to support a buy-and-build strategy. Financial details of the investment are undisclosed.
Apposite Capital will work with the 1MED management team to continue to strengthen and widen the company’s service offering and further expand its geographic
NetDocuments, a secure cloud-based content services and productivity platform for law firms, corporate legal teams, and compliance departments, has secured a significant investment from Warburg Pincus, a global growth investor, along with existing investor Cove Hill Partners.
Warburg Pincus’ investment alongside Cove Hill will support the Company’s continued rapid growth and innovation. Terms of the transaction were not disclosed.
For more than two decades, NetDocuments has delivered innovation through its world-class content services and productivity platform. NetDocuments is used by over 3,150 professional services firms and corporate legal departments and recently announced unprecedented growth in Q1 2021, continuing its record
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
